TPT Wealth, the trustee and wealth management arm of MyState, has appointed two new business development managers.
The company has hired John Law and Matt Felsman, to drive the uptake of TPT Wealth’s income funds in corporate and wholesale markets.
TPT Wealth head of distribution Todd Kennedy said the appointments were made at a “pivotal time” as the company is looking to evolve and nationalise its business.
“Due to our continued growth, we’ve expanded our Sydney based team as part of our broader national coverage and distribution of income funds,” Mr Kennedy said.
“Both roles will have a focus on working with wholesale and corporate investors.”
Mr Law has joined after working with Bankwest for 13 years, where he held senior positions in the corporate and retail banking divisions. He was most recently a BDM, money market investments and worked with a range of wholesale clients.
Meanwhile Mr Felsman is reported to have more than 10 years’ experience in wealth management and was an executive director of investment research and funds management firm Frontier Financial Group.
Prior to this, he was a private wealth adviser at both APP Securities and Shaw and Partners.
Sarah Simpkins is a journalist at Momentum Media, reporting primarily on banking, financial services and wealth.
Prior to joining the team in 2018, Sarah worked in trade media and produced stories for a current affairs program on community radio.
You can contact her on [email protected].